SIXTY NORTH AS

1389 HEGGEDAL

Finances

Share Ownership

Return on Equity

42,53 %

Current Ratio

2,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	9 526 000	8 537 000	9 228 000	11 063 000
Net Income	2 313 000	1 363 000	3 152 000	3 620 000
Total Assets	9 374 000	7 784 000	7 758 000	9 703 000
Total Equity	5 438 000	5 625 000	5 262 000	2 910 000

Income (NOK)	2022	2021	2020	2019
Revenue	9 526 000	8 537 000	9 228 000	11 063 000
Expenditure	6 686 000	6 646 000	5 159 000	6 392 000
Operating Profit	2 839 000	1 891 000	4 069 000	4 671 000
Financial Income	155 000	2 000	4 000	6 000
Financial Costs	28 000	135 000	23 000	38 000
Financial Balance	127 000	−133 000	−19 000	−32 000
Earnings Before Tax	2 965 000	1 758 000	4 050 000	4 639 000
Tax	652 000	395 000	898 000	1 019 000
Net Income	2 313 000	1 363 000	3 152 000	3 620 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	45 000	45 000	106 000	173 000
Total Current Assets	9 329 000	7 739 000	7 653 000	9 530 000
Total Assets	9 374 000	7 784 000	7 758 000	9 703 000
Total Retained Equity	2 528 000	2 715 000	2 352 000	0
Total Equity	5 438 000	5 625 000	5 262 000	2 910 000
Total Long-Term Debt	0	0	0	4 000
Total Current Debt	3 936 000	2 159 000	2 497 000	6 789 000
Total Equity and Debt	9 374 000	7 784 000	7 758 000	9 703 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	799 000	833 000	134 000	2 364 000
Other Income	8 726 000	7 704 000	9 094 000	8 698 000
Revenue	9 526 000	8 537 000	9 228 000	11 063 000
Cost of Goods Sold	0	3 000	114 000	210 000
Salary Costs	5 535 000	5 274 000	4 019 000	5 116 000
Depreciation	34 000	61 000	67 000	65 000
Impairment	0	0	0	0
Expenditure	6 686 000	6 646 000	5 159 000	6 392 000
Operating Profit	2 839 000	1 891 000	4 069 000	4 671 000
Financial Income	155 000	2 000	4 000	6 000
Financial Costs	28 000	135 000	23 000	38 000
Financial Balance	127 000	−133 000	−19 000	−32 000
Dividends	2 000 000	1 000 000	800 000	4 000 000
Net Income	2 313 000	1 363 000	3 152 000	3 620 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	45 000	45 000	106 000	173 000
Total Tangible Assets	45 000	45 000	106 000	173 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	45 000	45 000	106 000	173 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	7 115 000	5 648 000	5 438 000	6 138 000
Total Current Assets	9 329 000	7 739 000	7 653 000	9 530 000
Total Assets	9 374 000	7 784 000	7 758 000	9 703 000
Total Equity	5 438 000	5 625 000	5 262 000	2 910 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	4 000
Creditors	66 000	84 000	219 000	153 000
Unpaid Taxes	673 000	268 000	170 000	1 064 000
Dividends	2 000 000	1 000 000	800 000	4 000 000
Other Current Debt	546 000	529 000	405 000	553 000
Total Current Debt	3 936 000	2 159 000	2 497 000	6 789 000
Total Equity and Debt	9 374 000	7 784 000	7 758 000	9 703 000

Financial indicators	2022	2021	2020	2019
Return on Equity	42,53 %	24,23 %	59,9 %	124,4 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,8 %	22,15 %	44,09 %	42,22 %
Current Ratio	2,37	3,58	3,06	1,4
Quick Ratio	2,37	3,58	3,06	1,4
Equity Ratio	0,58	0,72	0,68	0,3
Gross Profit Margin	100 %	99,96 %	98,76 %	98,1 %